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Regression analysis is usually performed using quantitative data of both dependent and independent variables. Can it be done for categorical data? Using scholarly citations, differentiate regression analysis for quantitative vs. categorical data.
Consider a market where demand is D: P = 24 – Q and supply is S: P = 2 + Q. 1. Equilibrium quantity Qe is a. 10 b. 11 c. 12 d. 13 2. Equilibrium price Pe is a. $11 b. $12 c. $13 d. $14 3. Consumer surplus CS is a. $50 b. $55 c. $60 d. $60.5 4. Produc..
The asset is to be used in a 5-year project; at the end of the project, the asset can be sold for $290000. If the relevant tax rate is 0.27
Compare and contrast for-profit and non-profit organizations. Compare and contrast in terms of economic policies.
Suppose now there is an increase in government spending. In which case (flat/steep) is the multiplier effect on income higher, and most importantly, why?
Give me a write up on the PhD Research Topic "Modelling the relationship between interest rate, Energy Consumption and Economic Growth in Nigeria from 1980 to 2015"
For a new study conducted by a fitness magazine, 240 females were randomly selected. For each, the mean daily calorie consumption
In an open economy, the condition for equilibrium in the goods market is different from the condition for a balanced trade account. Explain using words or equations (or both if you wish). Draw a diagram that illustrates a situation where the goods ma..
If there is an increase in demand for a service, and a decrease in supply of the service, what impact will that have on the equilibrium price and quantity
Assume that the demand for gasoline is inelastic and supply is relatively elastic. The government imposes a sales tax on gasoline. The tax revenue is used to fund research into clean fuel alternatives to gasoline, which will improve the air we all br..
The country of Alcazar has been growing at an impressive pace for the last five years. With improvements in technology, many industries have recorded remarkable growth in productivity. The health sector which has the lowest level of productivity empl..
A license plate is designed so that the first two characters are letters and the last four characters are digits (0 through 9). How many different license plate
The economic approach to value suggests that the overall value that is created through the production and sale of any good is roughly equal to the sum of the consumer surplus and the producer surplus associated with the good. In this context, with th..
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